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Today, Ateknea is pleased to announce its participation in the first call of the EU’s Fast Track to Innovation Pilot (FTTI) scheme for disruptive innovation and close-to-market products, services or processes.

The FTTI Pilot is a new initiative under Horizon 2020 – the EU’s biggest ever framework programme for research, development and innovation (R&D&I) – will be trialled throughout 2015/16 and is expected to be rolled out beyond 2016.

The aim of the Pilot is to drastically reduce a technology’s time to market by giving a “last push” to businesses that have a business-driven and market-mature innovation with high commercial potential.

Funding from the Pilot has also been streamlined to ensure a quick time-to-grant (maximum 6 months) of €1 to €3 million per project (70% of funding, 100 of funding for non-profit entities).

The next FTTI call is 1st September 2015. If your product, service or process is looking to get into the fast lane to market launch then Ateknea could be the partner you need to close the innovation cycle, secure an EU non-refundable grant and head onto the market.